Private company
ENETI INC.
ENETI INC. is a Deep Sea Foreign Transportation of Freight company.1
Last updated Oct 21, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Other costs47¢$93.6M
- Profit53¢$105.7M
Out of $199.3M in revenue.2
Where each dollar of operating cash went, fiscal 2022
- Dividends paid3¢$1.6M
- Share buybacks27¢$17.0M
- Kept or used elsewhere71¢$44.7M
Out of $63.3M of cash from operations.2
Financial statements
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $62.5M4 | $78.4M5 | $06 | $07 | $21.6M8 | $33.1M2 | $127.6M2 | $199.3M2 |
| Operating expenses | $175.5M2 | $145.1M2 | ||||||
| Operating income | -$491.6M4 | -$100.7M5 | -$25.6M6 | $43.3M7 | -$21.5M8 | -$529.6M2 | -$31.4M2 | $54.2M2 |
| Income before tax | $20.6M2 | $106.5M2 | ||||||
| Net income | -$510.8M4 | -$124.8M5 | -$59.7M6 | -$12.7M7 | $44.7M8 | -$672.0M2 | $20.2M2 | $105.7M2 |
| Earnings per share | -$23.864 | -$2.225 | -$0.836 | -$1.777 | $6.568 | -$70.852 | $1.262 | $2.782 |
| Earnings per share (diluted) | -$23.864 | -$2.225 | -$0.836 | -$1.777 | $6.428 | -$70.852 | $1.242 | $2.762 |
| Shares (weighted, basic) | 16.1M shares2 | 38.1M shares2 | ||||||
| Shares (weighted, diluted) | 16.3M shares2 | 38.3M shares2 |
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash | $200.3M5 | $101.7M6 | $68.5M7 | $67.5M7 | $42.5M7 | $84.0M8 | $154.0M2 | $120.0M2 |
| Current assets | $392.6M9 | $115.5M4 | $82.6M5 | $84.1M6 | $65.3M7 | $121.6M8 | $190.0M2 | $174.2M2 |
| Property, plant and equipment | $544.5M2 | $521.3M2 | ||||||
| Total assets | $1.5B9 | $1.5B4 | $1.6B5 | $1.7B6 | $1.7B7 | $868.2M8 | $807.3M2 | $814.5M2 |
| Short-term debt | $87.7M2 | $12.0M2 | ||||||
| Current liabilities | $124.6M9 | $24.6M4 | $58.6M5 | $152.6M6 | $123.8M7 | $87.0M8 | $131.2M2 | $45.0M2 |
| Long-term debt | $342.3M9 | $493.8M4 | $577.0M5 | $621.2M6 | $332.6M7 | $157.5M8 | $02 | $52.3M2 |
| Long-term liabilities | $55.8M2 | $54.2M2 | ||||||
| Total liabilities | $538.6M9 | $590.5M4 | $726.0M5 | $843.0M6 | $790.6M7 | $595.6M8 | $186.9M2 | $99.2M2 |
| Retained earnings | -$1.4B2 | -$1.3B2 | ||||||
| Shareholders’ equity | $934.5M5 | $956.6M6 | $917.4M7 | $860.8M8 | $875.0M2 | $272.6M2 | $620.3M2 | $715.3M2 |
| Shares outstanding | 28.7M shares10 | 75.3M shares9 | 74.9M shares4 | 71.2M shares5 | 72.5M shares6 | 11.3M shares11 | 39.7M shares8 | 38.4M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$35.1M4 | -$52.2M5 | $19.6M6 | $70.4M7 | $33.9M8 | -$38.8M2 | $8.2M2 | $63.3M2 |
| Depreciation and amortization | $10.2M2 | $24.6M2 | ||||||
| Stock-based compensation | $12.2M2 | $7.8M2 | ||||||
| Cash from investing | $550.4M2 | $6.8M2 | ||||||
| Dividends paid | $04 | $05 | $1.5M6 | $6.0M7 | $5.7M8 | $3.2M2 | $1.7M2 | $1.6M2 |
| Share buybacks | $04 | $05 | $11.0M6 | $45.7M7 | $08 | $16.7M2 | $1.4M2 | $17.0M2 |
| Cash from financing | -$488.6M2 | -$96.8M2 | ||||||
| Dividend per share | $0.025 | $0.026 | $0.807 | $0.352 | $0.122 | $0.042 |
Corporate structure
ENETI INC. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of ENETI INC.
- Scorpio Services Holding Ltd Filed SC 13D/A on ENETI INC., latest Dec 27, 2023 (7 filings since May 20, 2022)
- Cadeler A/S Filed SC 13D on ENETI INC., latest Dec 26, 2023
- MARUBENI CORP /FI Filed SC 13D/A on ENETI INC., latest Mar 29, 2023 (9 filings since Nov 12, 2021)
- INCJ Filed SC 13D/A on ENETI INC., latest Sep 1, 2022 (4 filings since May 13, 2022)
- Annalisa Lolli-Ghetti Filed SC 13D/A on ENETI INC., latest Nov 22, 2021
- ENETI INC. 1T
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What ENETI INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $521.3M2 Dec 31, 2022 | $544.5M2 Dec 31, 2021 | −4.3% |
| Operating-lease assets (leased space) | $1.6M2 Dec 31, 2022 | $1.3M2 Dec 31, 2021 | +29.6% |
Investments
Former names
- SCORPIO BULKERS INC.Sep 20, 2013 to Feb 4, 20213
Filings
118 filings to the SEC since October 2021: 2 annual reports, 22 large holders, 94 other. The latest 20:
- Jan 8, 202415-12G EDGAR
- Dec 29, 20236-K EDGAR
- Dec 27, 2023SC 13D/A EDGAR
- Dec 26, 2023SC 13D EDGAR
- Dec 15, 20236-K EDGAR
- Dec 15, 2023SC 14D9/A EDGAR
- Dec 12, 20236-K EDGAR
- Dec 12, 2023425 EDGAR
- Dec 8, 20236-K EDGAR
- Dec 8, 2023425 EDGAR
- Dec 1, 20236-K EDGAR
- Nov 14, 20236-K EDGAR
- Nov 13, 2023UPLOAD EDGAR
- Nov 7, 20236-K EDGAR
- Nov 7, 2023SC 14D9 EDGAR
- Nov 7, 20236-K EDGAR
- Nov 7, 2023425 EDGAR
- Oct 31, 20236-K EDGAR
- Oct 24, 20236-K EDGAR
- Oct 18, 20236-K EDGAR
The 118 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Scorpio Services Holding LtdSC 13D/A, 7 filings May 20, 2022 to Dec 27, 202312
- Cadeler A/SSC 13D, 1 filing Dec 26, 202313
- MARUBENI CORP /FISC 13D/A, 9 filings Nov 12, 2021 to Mar 29, 202314
- INCJSC 13D/A, 4 filings May 13, 2022 to Sep 1, 202215
- Annalisa Lolli-GhettiSC 13D/A, 1 filing Nov 22, 202116
SEC filer profile
How ENETI INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARENETI INC.1
- CIK0001587264
- Filer statusAccelerated filer1
- Incorporated inMarshall Islands1
- Fiscal year endsDecember 311
- Industry code (SIC)4412 Deep Sea Foreign Transportation of Freight1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business addressL'Exotique 99 Boulevard Jardin Exotique, Mc, O9 980001
- Phone(011)377 9798 57161
- Shares outstanding38,446,394 as of Dec 31, 20222
- On EDGAR sinceSep 20, 20131
- Filings602 in all: 6-K (343), SC 13D/A (46), SC 13G/A (33), 425 (24), CORRESP (23), SC 13G (18), UPLOAD (16), 424B5 (11)1
All 34 form types
20-F (10), EFFECT (10), F-1/A (8), F-3 (7), SC 13D (6), SC TO-T/A (6), 424B3 (5), FWP (4), 6-K/A (3), 8-A12B (3), 8-A12B/A (3), F-4/A (3), 25-NSE (2), 424B4 (2), CERTNYS (2), DRS (2), F-1 (2), F-1MEF (2), 15-12G (1), 20-F/A (1), 424B7 (1), F-3/A (1), F-4 (1), SC 14D9 (1), SC 14D9/A (1), SC TO-T (1)
- Latest filingsAnnual report (20-F) Apr 14, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARENETI INC. filings on SEC EDGAR
- 2SEC EDGARENETI INC. 10-K for fiscal 2022
- 3SEC EDGARENETI INC. filings on SEC EDGAR
- 4SEC EDGARENETI INC. 10-K for fiscal 2015
- 5SEC EDGARENETI INC. 10-K for fiscal 2016
- 6SEC EDGARENETI INC. 10-K for fiscal 2017
- 7SEC EDGARENETI INC. 10-K for fiscal 2018
- 8SEC EDGARENETI INC. 10-K for fiscal 2019
- 9SEC EDGARENETI INC. 10-K for fiscal 2015
- 10SEC EDGARENETI INC. 10-K for fiscal 2015
- 11SEC EDGARENETI INC. 10-K for fiscal 2020
- 12
- 13SEC EDGARCadeler A/S SC 13D on ENETI INC.
- 14
- 15SEC EDGARINCJ SC 13D/A on ENETI INC.
- 16